Q&A: ASX shares that disappear, researching IPOs & WTF is a HIN?

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Australian Finance Podcast 35 min 2 speakers 7 chapters transcribed 3 months ago
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Why might your shares disappear from your brokerage account?

Owen Rask 0:00
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Owen Rask 0:45
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000. For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash LP slash rask. That's perla.com slash LP slash rask. Please read the PDS, or Product Disclosure Statement, which should be available on the issuer's website.
Owen Rask 1:51
Lastly, please keep in mind that past performance is not indicative of future performance. Kate Campbell, welcome to this episode of the Australian Finance Podcast.
Kate Campbell 2:08
It's good to be back, Owen. Now we're out of lockdown.
Owen Rask 2:10
Yep. One AstraZeneca vaccine done.
Okay.
Owen Rask 2:14
was a bit of an ordeal but we got there yes indeed um so this is the august 2021 q a we've got some great questions you've lined up four questions that are i guess really really important to a lot of investors and one that's kind of news to me which is this first one but before we get to that Just remember that anything that we say and any questions that we answer on this episode are strictly limited to general financial advice. So even though we take questions from the audience, which we absolutely love, we can't tell you what's right for your situation because we simply don't know your situation. And that's not our business. We're not financial planners. If you want that type of advice, you'll have to see a financial planner.
Owen Rask 2:52
And if we recommend or suggest even any ETFs, just remember to read the product disclosure statement and consider the risks before investing. Okay, okay. There's a side note here, which is an interesting thing. And I see this all the time when I'm on Twitter. Explain. Explain.
Kate Campbell 3:09
Yeah, so I had a listener message me the other day and they'd actually been contacted by someone on Instagram who was a sort of a scam duplicate account of another popular finance person on Instagram. And I'm seeing this happen a lot. It happens on Twitter and Instagram, whereas... Someone with maybe 5,000, 10,000 followers on one of those social media sites, they'll have their whole account duplicated by a scammer that'll then start messaging people out of the blue about crypto or various money-making opportunities. So I think it's really important to watch out that... You might be really excited to receive a message from someone you follow on Instagram, but just make sure it's the real account because it's really easy just to copy someone's content.
Kate Campbell 3:56
And I don't want anyone to get scammed that way. So most of these people won't message you out of the blue. So if you are getting messages out of the blue about crypto, it's probably not the real account.
Owen Rask 4:06
Okay. Interesting. Yeah. I'm just Googling, searching on Twitter for my own username. I don't think I'm as lucky as some of those investors to have someone copycat me, but there is an Owen Rask from, it looks like not Australia, looks like American. So, um, if you're following O A R A S K, that's not me.

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